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and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a strategic decision, the likability advantage that the president has is so valuable to them that they didn't want to jeopardize that by him attacking mitt romney and coming across as unlikeable or less likeable, because you know it was astonishing that he didn't go after mitt romney. i was just talking to david -- in the room just a couple minutes ago, he made the case far more convincingly, far more aggressively and concisely for what president obama was trying to lay out the next four years than obama himself did up on the stage. i mean there was just time and again mitt romney managed to seize
and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a...
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, saying it would result in a $5 trillion tax cut for the wealthy. the governor hitting back with another ad, saying the obama campaign is not being truthful, even the president's deputy campaign manager has stipulated that that tax cut won't be anywhere near $5 trillion. expect that to go on back and forth, with the exception that governor recommendny will be switching tacts to go to foreign policy. we will be looking forward to that one and this event here in port saint lucie. >> jamie: john roberts, staying on the trail for us. thank you. >> eric: with 30 days to go, what do the voters want to hear? what do president obama and mitt romney need to do to clinch the white house? we have the chairman of civic foreign pac and a former political adviser to democratic new jersey senator frank lautenberg and a f contributor. >> thanks so much. >> eric: you just heard john roberts say that both sides have attack ads out, calling each other liars. how do the rotors sort this out. >> >> eric: as haley barbour is fond of saying, it is not rocket science, vote
, saying it would result in a $5 trillion tax cut for the wealthy. the governor hitting back with another ad, saying the obama campaign is not being truthful, even the president's deputy campaign manager has stipulated that that tax cut won't be anywhere near $5 trillion. expect that to go on back and forth, with the exception that governor recommendny will be switching tacts to go to foreign policy. we will be looking forward to that one and this event here in port saint lucie. >> jamie:...
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this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to his policies -- in spite of his policies. all of the increase in natural gas and oil has happened on privat
this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the...
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everybody would like a tax cut. who wouldn't want a tax cut, especially 20% across the board? if you're making 35%, the top rate, you go to 28%. all chris wallace was trying to get from ryan on sunday was just tell me what big deductions you're going to get rid of so we can finance that. it's the question. of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut, but i'm not going to tell you how i'm going to do it. can he get away with it with even the -- >> i hope not. i think this is a moment for jim lehrer to be very tough, respectful tough, and for president obama to come back at him and to sa
everybody would like a tax cut. who wouldn't want a tax cut, especially 20% across the board? if you're making 35%, the top rate, you go to 28%. all chris wallace was trying to get from ryan on sunday was just tell me what big deductions you're going to get rid of so we can finance that. it's the question. of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of...
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credit and raise taxes. it represent a significant compromise that was enthusiastically received by the state putting them on a stronger path. a childcare director and tennessee testify this summer at a childcare hearing it made a big difference for our parents and our providers. let's turn to 1996. than the debate with very basic. they decided to end the childcare entitlement and at the same time it was i run it because they were handing welfare as we know it with welfare benefits however this time abacus joined by governors congress and the clinton administration agreed that a significant infusion of new childcare funds were necessary if low-income women were going to face increase work requirements. this led to a second version of the senate bill that included a 4 billion-dollar increase in childcare funds over five years. the tanf bill included a provision that allowed some tanf funding to be transferred to ccpg. it was absolutely clear in that debate that most of the low-income women expected to work we
credit and raise taxes. it represent a significant compromise that was enthusiastically received by the state putting them on a stronger path. a childcare director and tennessee testify this summer at a childcare hearing it made a big difference for our parents and our providers. let's turn to 1996. than the debate with very basic. they decided to end the childcare entitlement and at the same time it was i run it because they were handing welfare as we know it with welfare benefits however this...
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on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days here in the sunshine state. big rally in port st. lucie, 12,000 people one of the biggest crowds of his campaign so far and this state is beginning to friend this his direction. in fact, nationally, democratic leading policy poll found he gots a 5 point bounce out of that debate and the governor looking ahead to the next presidential debate, but as he left florida he couldn't help taking a parting shot at president obama's performance last wednesday. >> so i'm convinced that you all had the chance to hear his answers or his nonanswers. now, of course, days later we're hearing his excuses and next ja
on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days...
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not everybody obviously, in large numbers only tax you people who think the way they do. they hang out with people who read the same columns, watched the same tv shows and so forth. and so, the question -- you can laugh, that's your point about attitude, you're right. it's not just the people who get elected, it is us. we have to learn to be one country. we have to learn to respect each other, even if somebody sues are different from my own. i sent congress i frequently lost, but i still had good friend on the other side you voted differently than i did. the site differently differently than i did. so you know, you're right. i think your point about attitude is very, very important. >> hayek, although i agree with much of what you say, there is a problem, not with what you are saying, but we have to be cautious that we don't just rearrange the deck chairs on the titanic. many of our problems, both national and international has layer upon layer upon layer of causes. one brief example, we may be on the point were geographic representation is the only representation. it may
not everybody obviously, in large numbers only tax you people who think the way they do. they hang out with people who read the same columns, watched the same tv shows and so forth. and so, the question -- you can laugh, that's your point about attitude, you're right. it's not just the people who get elected, it is us. we have to learn to be one country. we have to learn to respect each other, even if somebody sues are different from my own. i sent congress i frequently lost, but i still had...
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by tax expenditures. >> he also said he would not sign any tax deal. >> that's true. that's why you have the upsets that he's talking about. it's not going to be easy. it took three years to do it in the 1986 tax bill. it's not going to be easy here. i have to say, he outlined three ways to deal with trying to reduce the debt. he took one of them off there. you have to deal with two sides here. no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as they're paying now. >> but they shouldn't pay more. >> i thought one of the best lines is that basically we're tired of trickle down government. and he turned the tables on the president. we have the president
by tax expenditures. >> he also said he would not sign any tax deal. >> that's true. that's why you have the upsets that he's talking about. it's not going to be easy. it took three years to do it in the 1986 tax bill. it's not going to be easy here. i have to say, he outlined three ways to deal with trying to reduce the debt. he took one of them off there. you have to deal with two sides here. no taxes to deal with the deficit. is that the right thing? >> keep in mind, he...
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lana tweeted us i would like to hear the 20 percent tax plan of romney and ryan. they need to give up some specifics. >> mike said i would like for them to sincerely answer our questions and not go off on their political talking points. that's a good one, mike. >> thanks everyone who responded keep those comments coming. don't forget fox's coverage starts live at 8:55 with megyn kelly and bret baier. we will have all of the highlights here on fox and friends first tomorrow morning. >>> 8 minutes to the top of the hour. a dog finding himself in an unwanted joy ride. how he became stuck under the hood. >> can you figure out our word of the day? stick around for the answer. we sa that last tide commercial with the parts and the cute litt baby triplets... well wait until your triplets move back home after colle. we were enjoying our empty nest. and now it's just a nest full of laundry lucky underwear. we were going through so much of that bargain detergent... and the clothes didn't look as good. but since we switched to tide, we use much less. their clothes are lookin
lana tweeted us i would like to hear the 20 percent tax plan of romney and ryan. they need to give up some specifics. >> mike said i would like for them to sincerely answer our questions and not go off on their political talking points. that's a good one, mike. >> thanks everyone who responded keep those comments coming. don't forget fox's coverage starts live at 8:55 with megyn kelly and bret baier. we will have all of the highlights here on fox and friends first tomorrow morning....
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behin bowles-simpson, get the rate down, lower deductions and exemptions to create more jobs because there's nothing better getting us to a balanced budget than having more people working, earning more money, paying more taxes, that's by far the most effective and efficient way to get this budget balanced. >> jim you may want to move on to another topic but i would like to say this to the american people, if you believe we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillio just to give you a sense over 10 years, that's more than our entire defense budget, a
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behin bowles-simpson, get...
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do we want to live in a country where a minority of people are the tax providers? do you want everybody to be a stake holder? do you want everybody to have skin in the game? these are arguments worthy of a presidential campaign. what paul ryan is talking about, i think it will be blended together in the context of romney's comments, but i don't think it's necessarily fair to do it. >> i think you're right about the political blending of it and about the necessity of that discussion and that could be a sober and serious discussion. the part that makes it political is when you get this moral for anybody on the receiving side of a net transfer from the government. that's you're not taking responsibility for your life. you don't believe in the american dream stuff. >> it's the 47% comments. you're really talking about the entire enlisted core of the united states military, for example. i believe that veterans, for example, have earned the benefits that they are being given. so he described a big portion of the company that are republican voters. that's why it was so po
do we want to live in a country where a minority of people are the tax providers? do you want everybody to be a stake holder? do you want everybody to have skin in the game? these are arguments worthy of a presidential campaign. what paul ryan is talking about, i think it will be blended together in the context of romney's comments, but i don't think it's necessarily fair to do it. >> i think you're right about the political blending of it and about the necessity of that discussion and...
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no one likes taxes. including myself. ultimately, we have to pay for the core investments that make this economy is strong. >> let's not raise anybody's taxes. >> i am not sure if you could hear or see that clip as well, but the facial expressions were interesting to watch. what can we learn from that? >> well, the president is obviously president. that is one of the more memorable saturday night live ksits. -- skits. he does not want to be on the defensive. he looks like he was explaining in a way that ordinary folks could relate to. he ended up winning ohio four years ago. the president is going to be much more presidential tonight. he will not be like that. they will be standing behind a podium set so they will not be sitting behind a round table. the president is not debated since 2008. in the early primaries when he was debating hillary clinton, he was not very good. it took him awhile to get into stride. one of the things we are watching closely is the first half hour of the debate. most people only watch the first
no one likes taxes. including myself. ultimately, we have to pay for the core investments that make this economy is strong. >> let's not raise anybody's taxes. >> i am not sure if you could hear or see that clip as well, but the facial expressions were interesting to watch. what can we learn from that? >> well, the president is obviously president. that is one of the more memorable saturday night live ksits. -- skits. he does not want to be on the defensive. he looks like he...
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romney's tax plan. for months he's been telling us that he'll cut everyone's taxes by 20%. so some of the country's brightest economists did the math and found that romney's tax plan promises to cut taxes by $5 trillion without adding to the deficit. but when mitt romney took to the stage last night, he delivered a line that beggared belief. >> no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> so black is white, up is down, and everything is the way he says it is in the world of mitt romney. like yago, mitt romney delivered those lines in the presence of a black man, but on this occasion the president would not be deceived. he allowed mr. romney to rehearse the full extent of his lie and then just a few hours ago drew our attention to what really happened last night. >> the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts in favor of the wealthy. the fellow on stage last night said he didn't know anything about that. >> mr. romney is quite rightly b
romney's tax plan. for months he's been telling us that he'll cut everyone's taxes by 20%. so some of the country's brightest economists did the math and found that romney's tax plan promises to cut taxes by $5 trillion without adding to the deficit. but when mitt romney took to the stage last night, he delivered a line that beggared belief. >> no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> so black is white,...
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the estate tax. we'll give the top 1/10 of taxpayers an average break of $250,000. >> look, look, andrea, mitt romney pointed out that one of the things that he would do is to put a cap on the deductions. the tax policy center admitted that what they analyzed was assumptions they added to mitt romney's plan that are not deduction. >> which deductions. >> let me finish. i let you finish. now let me fin. >> yes, sir. >> the tax policy center admitted that they made assumptions that were not part of mitt romney's tax plan. there are six or seven follow-up studies that say romney's tax plan can do what the governor has said he would. he's going to eliminate or cap deductions on upper income brackets there is more enough in the basket of choices there to take care of providing the to 20% tax reduction to the middle class. >> no, there are not. >> with all due respect to what obama people are putting out, they're wrong on it. >> i'm not talking about what the obama people are talking. first of all, those a
the estate tax. we'll give the top 1/10 of taxpayers an average break of $250,000. >> look, look, andrea, mitt romney pointed out that one of the things that he would do is to put a cap on the deductions. the tax policy center admitted that what they analyzed was assumptions they added to mitt romney's plan that are not deduction. >> which deductions. >> let me finish. i let you finish. now let me fin. >> yes, sir. >> the tax policy center admitted that they made...
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility. >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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romney comes out and tells you he will tax -- not lower taxes on the rich by cutting out deductions. just like the president said, he did not hammer him enough on it. even if you add up all of the deductions and then the defense spending, you are just going further into the hole. >> thank you. that is dave's tweet to us. we also have our facebook page open and our twitter account. you can send us lots of comments and any of these mediums. you can reach us on facebook.com/cspan. this is laurie who is a democrat. >> this is maria. i was calling to say i think romney is running on his ego. what he has been talking about all through this campaign was just taking care of the rich and not try to help the ones down below. there are so many people that need help. when obama bought into office, he already had that debt. it takes time for a person to -- romney should know -- it takes time to settle that big of a debt in more than four years. it will take more for us to get out of the dead that we are in. i think we should give president obama a chance for the next four years and let him prove
romney comes out and tells you he will tax -- not lower taxes on the rich by cutting out deductions. just like the president said, he did not hammer him enough on it. even if you add up all of the deductions and then the defense spending, you are just going further into the hole. >> thank you. that is dave's tweet to us. we also have our facebook page open and our twitter account. you can send us lots of comments and any of these mediums. you can reach us on facebook.com/cspan. this is...
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we cut taxes for middle class families by about $3600. the rope is because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they had a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession we went through. they can buy a compute fore their kid going off to college. >> the interest and the principal -- >> there are two more presidential debates and one vice presidential debate still coming up. >> who do you think won the debate? was there a clear winner? that is the question we are talking about this morning. we want to hear your thoughts an invite you to post them on our facebook page. we will share your comments throughout the morning. >>> other stories making headlines, a voter watchdog group says it has uncovered voter fraud in maryland. the group election integrity maryland claims it found evidence that some people registered to vote using the names of dead people or registered to vote twice in
we cut taxes for middle class families by about $3600. the rope is because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they had a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession we went through. they can buy a compute fore their kid going off to college. >> the interest and the principal -- >> there are two more presidential debates...
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bush tax cuts. he talks about raising defense spending. rejects a 10-1 ratio of spending cuts to tax increases. simpson-bowles, you mentioned him. they say the math simply doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen, the country is hungry for bipartisan compromise, david, i agree with you especially after the last four years of intense partisanship from this white house. and mitt romney is the only candidate in this race who has a record of showing he knows as an executive how to forge bipartisan compromise. as the governor of massachusetts, over 85% of his legislature was democrat, he made things happen. he will make things happen as president of the united states and will forge the right type of compromise to get this done and that's the way it's going to work. >> do you think this governor romney should be in a situation where he's actually prepared to deal with revenue, to raise revenue, to go against his party if it's part of a package that achi
bush tax cuts. he talks about raising defense spending. rejects a 10-1 ratio of spending cuts to tax increases. simpson-bowles, you mentioned him. they say the math simply doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen, the country is hungry for bipartisan compromise, david, i agree with you especially after the last four years of intense partisanship from this white house. and mitt romney is the only candidate in this race who has a record...
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tax cuts. you knew this was goingo be a big issue. president obama went on the attack saying mitt romney is essentially pitching a huge tax cut for the rich. >> governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts, that's another trillion and $2 trillion in additional military spending that the military hasn't asked for. >> mitt romney does propose across the board 20% tax cuts in the nonpartisan tax center says under that plan, taxes on the wealthiest americans would be reduced by $5 trillion. initially. but romney says he would offset the cuts with reductions and deductions and closing loopholes that will reduce the tax cut for the wealthy. so our verdict here is that president's saying he would cut the taxes by $5 trillion on wealthy is false because any deduction you take out will make it smaller. there is more to this story. on the deficit, mitt romney claims with the tax cuts he'll not add to the deficit. >> my number one pri
tax cuts. you knew this was goingo be a big issue. president obama went on the attack saying mitt romney is essentially pitching a huge tax cut for the rich. >> governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts, that's another trillion and $2 trillion in additional military spending that the military hasn't asked for. >> mitt romney does propose across the board 20% tax cuts in the nonpartisan tax center says under...
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when we tax our job creators at much higher tax rates than foreign competitors, we lose and they win. we do not want to tax the small businesses. our jobs come from these successful small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the government spends. we cannot keep the federal reserve doing what it is doing. we cannot keep looking our children in the eye knowing we're going to give them a diminished future because we are spending their money today. it is a simple idea. mitt romney and i are going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get the balanced budget. we must get the debt under control. [applause] this not only hurts our economy with the threat of higher interest rates and much higher tax rates. ournow we're giving children and grandchildren a lower sta
when we tax our job creators at much higher tax rates than foreign competitors, we lose and they win. we do not want to tax the small businesses. our jobs come from these successful small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the...